FitLife Brands names EVP Ryan Hansen as President, raises base salary to $300,000
On May 18, 2026, FitLife Brands' board appointed Executive Vice President Ryan Hansen, who joined the company in November 2023, as President and raised his base salary from $275,000 to $300,000. He also received options on 75,000 shares at $10.50 and 50,000 performance stock units, which vest only if the 30-day VWAP reaches $20.00. For shareholders, the filing shows a senior leadership change and equity awards that could add to outstanding shares if they vest.
Key points
- Appointment effective May 18, 2026; Hansen, 38, was previously Executive Vice President and has no formal employment agreement (at-will).
- Base salary increased from $275,000 to $300,000, effective May 18, 2026.
- Options for 75,000 shares at an exercise price of $10.50; one-third vest on the first anniversary of the grant date, with the rest vesting in equal parts in years two and three.
- 50,000 PSUs vest when the 30-day VWAP meets or exceeds $20.00, and expire on the fifth anniversary of the grant date if not vested.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.